Immuron Total Revenue vs Capex To Revenue Analysis

Stocks . USA . 
Stock . Immuron Ltd ADR
IMRN Stock  USD 1.88  0.03  1.57%   
Immuron financial indicator trend analysis is infinitely more than just investigating Immuron Ltd ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immuron Ltd ADR is a good investment. Please check the relationship between Immuron Total Revenue and its Capex To Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immuron Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Revenue vs Capex To Revenue

Total Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immuron Ltd ADR Total Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Immuron's Total Revenue and Capex To Revenue is -0.22. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Immuron Ltd ADR, assuming nothing else is changed. The correlation between historical values of Immuron's Total Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Immuron Ltd ADR are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Total Revenue i.e., Immuron's Total Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Immuron Ltd ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Immuron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immuron Ltd ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immuron Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 26th of November 2024, Selling General Administrative is likely to drop to about 4 M. In addition to that, Sales General And Administrative To Revenue is likely to drop to 0.88
 2021 2022 2023 2024 (projected)
Interest Expense6.2K9.7K7.6K7.2K
Depreciation And Amortization26.6K48.7K46.0K43.7K

Immuron fundamental ratios Correlations

Common Stock Shares Outstanding
Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Accounts Payable
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Net Receivables
Short Term Investments
Inventory
Other Current Assets
Other Stockholder Equity
Total Liab
Total Current Assets
Common Stock
Short Long Term Debt Total
Other Assets
Short Term Debt
Current Deferred Revenue
Non Current Liabilities Total
Common Stock Shares Outstanding
0.720.620.260.72-0.13-0.79-0.85-0.410.790.270.520.72-0.20.07-0.08-0.29-0.240.070.70.79-0.560.25-0.260.87-0.17
Total Assets
0.720.410.190.99-0.02-0.95-0.62-0.360.950.170.330.98-0.040.08-0.10.06-0.10.130.990.83-0.410.12-0.080.64-0.27
Other Current Liab
0.620.410.770.35-0.15-0.45-0.690.060.49-0.250.140.340.350.10.420.150.00.480.430.45-0.13-0.210.220.73-0.22
Total Current Liabilities
0.260.190.770.08-0.29-0.13-0.460.590.19-0.470.040.070.7-0.060.590.510.050.860.230.260.25-0.470.680.26-0.07
Total Stockholder Equity
0.720.990.350.080.02-0.96-0.6-0.450.950.230.340.99-0.110.1-0.16-0.01-0.10.010.980.81-0.460.18-0.170.65-0.31
Property Plant And Equipment Net
-0.13-0.02-0.15-0.290.020.150.52-0.34-0.170.44-0.68-0.02-0.160.91-0.23-0.22-0.1-0.34-0.06-0.4-0.270.39-0.110.07-0.15
Net Debt
-0.79-0.95-0.45-0.13-0.960.150.70.4-1.0-0.11-0.41-0.970.210.040.190.080.14-0.02-0.95-0.820.39-0.070.26-0.690.2
Retained Earnings
-0.85-0.62-0.69-0.46-0.60.520.70.15-0.71-0.01-0.74-0.58-0.090.27-0.230.030.01-0.27-0.63-0.880.39-0.020.09-0.780.21
Accounts Payable
-0.41-0.360.060.59-0.45-0.340.40.15-0.35-0.52-0.15-0.40.5-0.30.270.41-0.020.74-0.31-0.270.63-0.520.58-0.490.42
Cash
0.790.950.490.190.95-0.17-1.0-0.71-0.350.090.410.96-0.17-0.06-0.17-0.05-0.140.070.950.82-0.370.04-0.210.69-0.17
Non Current Assets Total
0.270.17-0.25-0.470.230.44-0.11-0.01-0.520.090.260.17-0.320.41-0.6-0.56-0.37-0.480.070.1-0.790.99-0.430.35-0.05
Non Currrent Assets Other
0.520.330.140.040.34-0.68-0.41-0.74-0.150.410.260.310.03-0.58-0.06-0.16-0.14-0.020.310.69-0.360.29-0.160.39-0.14
Cash And Short Term Investments
0.720.980.340.070.99-0.02-0.97-0.58-0.40.960.170.31-0.20.07-0.21-0.05-0.140.040.980.8-0.390.12-0.210.61-0.19
Net Receivables
-0.2-0.040.350.7-0.11-0.160.21-0.090.5-0.17-0.320.03-0.2-0.150.620.750.210.620.00.040.27-0.30.91-0.09-0.34
Short Term Investments
0.070.080.1-0.060.10.910.040.27-0.3-0.060.41-0.580.07-0.15-0.08-0.3-0.13-0.140.04-0.22-0.320.37-0.140.28-0.14
Inventory
-0.08-0.10.420.59-0.16-0.230.19-0.230.27-0.17-0.6-0.06-0.210.62-0.080.630.650.5-0.040.140.23-0.560.520.04-0.35
Other Current Assets
-0.290.060.150.51-0.01-0.220.080.030.41-0.05-0.56-0.16-0.050.75-0.30.630.610.520.120.020.32-0.580.79-0.27-0.19
Other Stockholder Equity
-0.24-0.10.00.05-0.1-0.10.140.01-0.02-0.14-0.37-0.14-0.140.21-0.130.650.610.03-0.06-0.02-0.08-0.370.11-0.07-0.14
Total Liab
0.070.130.480.860.01-0.34-0.02-0.270.740.07-0.48-0.020.040.62-0.140.50.520.030.180.230.34-0.470.68-0.030.27
Total Current Assets
0.70.990.430.230.98-0.06-0.95-0.63-0.310.950.070.310.980.00.04-0.040.12-0.060.180.83-0.330.02-0.040.6-0.27
Common Stock
0.790.830.450.260.81-0.4-0.82-0.88-0.270.820.10.690.80.04-0.220.140.02-0.020.230.83-0.420.09-0.10.66-0.25
Short Long Term Debt Total
-0.56-0.41-0.130.25-0.46-0.270.390.390.63-0.37-0.79-0.36-0.390.27-0.320.230.32-0.080.34-0.33-0.42-0.790.46-0.70.11
Other Assets
0.250.12-0.21-0.470.180.39-0.07-0.02-0.520.040.990.290.12-0.30.37-0.56-0.58-0.37-0.470.020.09-0.79-0.430.36-0.03
Short Term Debt
-0.26-0.080.220.68-0.17-0.110.260.090.58-0.21-0.43-0.16-0.210.91-0.140.520.790.110.68-0.04-0.10.46-0.43-0.3-0.18
Current Deferred Revenue
0.870.640.730.260.650.07-0.69-0.78-0.490.690.350.390.61-0.090.280.04-0.27-0.07-0.030.60.66-0.70.36-0.3-0.28
Non Current Liabilities Total
-0.17-0.27-0.22-0.07-0.31-0.150.20.210.42-0.17-0.05-0.14-0.19-0.34-0.14-0.35-0.19-0.140.27-0.27-0.250.11-0.03-0.18-0.28
Click cells to compare fundamentals

Immuron Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity
+ 0.99
Total Assets
Total Current Assets
+ 0.99
Total Assets
Cash And Short Term Investments
+ 0.99
Total Stockholder Equity
Other Assets
+ 0.99
Non Current Assets Total
Cash And Short Term Investments
+ 0.98
Total Assets
Total Current Assets
+ 0.98
Total Stockholder Equity

High Negative Relationship

Cash
- 1.0
Net Debt
Cash And Short Term Investments
- 0.97
Net Debt
Net Debt
- 0.96
Total Stockholder Equity
Total Current Assets
- 0.95
Net Debt
Net Debt
- 0.95
Total Assets
Common Stock
- 0.88
Retained Earnings

Immuron fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding176.4M221.1M227.6M227.8M228.2M239.6M
Total Assets6.2M27.1M24.9M22.0M15.5M9.3M
Other Current Liab42.2K994.5K747.7K691.3K2.0M2.1M
Total Current Liabilities516.4K1.1M1.5M2.2M2.7M2.8M
Total Stockholder Equity5.6M25.9M23.2M19.6M12.7M7.9M
Property Plant And Equipment Net70.8K33.7K226.7K200.1K154.3K146.6K
Net Debt(3.2M)(25.0M)(21.9M)(17.0M)(11.5M)(10.9M)
Retained Earnings(57.9M)(65.9M)(68.4M)(72.1M)(79.0M)(75.0M)
Accounts Payable157.6K106.9K720.9K790.9K648.9K744.3K
Cash3.3M25.0M22.1M17.2M11.7M12.2M
Non Current Assets Total1.8M1.3M1.2M1.6M823.6K940.4K
Non Currrent Assets Other1.7M1.3M956.9K1.2M669.3K702.7K
Cash And Short Term Investments3.3M25.0M22.1M19.0M11.7M6.2M
Net Receivables327.7K334.7K662.9K417.4K1.4M846.1K
Liabilities And Stockholders Equity6.2M27.1M24.9M22.0M15.5M10.4M
Inventory797.7K292.5K326.6K840.0K1.6M802.1K
Other Current Assets33.2K413.0K572.4K158.2K96.8K92.0K
Other Stockholder Equity5.6M25.9M23.2M3.2M3.7M3.5M
Total Liab558.3K1.2M1.7M2.4M2.8M1.4M
Total Current Assets4.4M25.8M23.7M20.4M14.7M8.0M
Common Stock60.5M62.4M88.4M88.4M88.5M46.1M
Short Long Term Debt Total61.1K20.5K209.8K189.1K173.5K310.2K
Other Assets1.7M1.3M956.9K1.2M1.1M838.7K
Short Term Debt42.2K20.5K34.4K38.8K40.6K38.5K
Accumulated Other Comprehensive Income1.1M3.5M3.2M3.2M3.2M1.8M
Non Current Liabilities Total41.8K36.2K175.4K152.2K141.5K129.8K
Net Tangible Assets5.6M25.9M23.2M19.6M22.6M12.8M
Property Plant Equipment70.8K33.7K226.7K200.1K230.2K241.7K
Other Liab22.9K36.2K36.01.9K2.2K2.1K
Capital Lease Obligations61.1K20.5K209.8K189.1K217.5K228.3K
Property Plant And Equipment Gross499.2K505.8K628.9K651.0K748.6K786.1K
Net Invested Capital5.6M25.9M23.2M19.6M22.6M15.3M
Net Working Capital3.9M24.6M22.2M18.2M20.9M13.7M

Pair Trading with Immuron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Immuron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Immuron will appreciate offsetting losses from the drop in the long position's value.

Moving together with Immuron Stock

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Moving against Immuron Stock

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The ability to find closely correlated positions to Immuron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immuron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Immuron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Immuron Ltd ADR to buy it.
The correlation of Immuron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Immuron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immuron Ltd ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Immuron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Immuron Ltd ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immuron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Immuron Ltd Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immuron Ltd Adr Stock:
How To Invest In Immuron
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Is Immuron Stock a good investment?
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What is Immuron's Net Worth?
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Largest Biotechnology Companies
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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immuron Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Immuron. If investors know Immuron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Immuron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
0.88
Quarterly Revenue Growth
1.086
Return On Assets
(0.17)
Return On Equity
(0.43)
The market value of Immuron Ltd ADR is measured differently than its book value, which is the value of Immuron that is recorded on the company's balance sheet. Investors also form their own opinion of Immuron's value that differs from its market value or its book value, called intrinsic value, which is Immuron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Immuron's market value can be influenced by many factors that don't directly affect Immuron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
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Please note, there is a significant difference between Immuron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Immuron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immuron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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